Heard At CES: Streaming Scares Traditional Media

Ross Levinsohn

The growth of streaming services has put "fear in the eyes" of traditional media companies at the International Consumer Electronics Show, Yahoo former interim CEO Ross Levinsohn said Tuesday.

"Streaming is without a doubt the story so far that I've been hearing here," Levinsohn told CNBC's "Fast Money: Halftime Report."

"I think it's been growing immensely."

Levinsohn added that streaming services are "huge" for millennials.

Companies targeting the demographic will need to tailor their businesses, he said.